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there is drags on the economy and we'll need more taxes to close the gaps. companies would like taxes to be low but also don'tment -- don't want to collapse the economy. theymentment economy to grow and not go broke and some mix of spending cuts and tax increases will hopefully lead us down the path but not the japan path. i don't know which plan is better. they are both magic in my opinion. one wants taxes raised and the other want to lower it twitch percent like that is going to balance the budget. i don't know which one is working. >> johnathon, you took a hike up a big mountain, should taxings go up? >> no, they shouldn't unless they are paying off the debt. we are raising a trillion in taxes according to the democratic proposal. you are only raising taxes to raise spending also. you are not paying off the deficit. governor scott and perry, come to the states where you don't have to pay a state income tax. that's what businesses want. this democratic budget is the biggest joke i have ever seen. 10 years from now. you are still running a trillion dollar d
there is drags on the economy and we'll need more taxes to close the gaps. companies would like taxes to be low but also don'tment -- don't want to collapse the economy. theymentment economy to grow and not go broke and some mix of spending cuts and tax increases will hopefully lead us down the path but not the japan path. i don't know which plan is better. they are both magic in my opinion. one wants taxes raised and the other want to lower it twitch percent like that is going to balance the...
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the handover of power in china is complete for the new leaders aiming to keep the economy and military investments growing as the u.s. continues to build its presence in the region the top stories this hour. with a look back at the week's leading stories and the latest developments this is the weekly on a hunger strike at guantanamo bay is continuing to forty days with more than one hundred detainees reportedly starving themselves in protest of the desecration of the qur'an by prison guards lawyers for the captives claim the state of their health is close to life threatening but the u.s. military has strongly denied the crisis saying only fourteen detainees are refusing all food. reports u.s. president barack obama began his first term announcing his intention to close the guantanamo bay detention center now just two months into his second term the prison enters its twelfth year of operation with one hundred sixty six detainees still languishing behind bars and a reported one hundred thirty life through. being hunger strike their hunger strikes are the only way they have of even making
the handover of power in china is complete for the new leaders aiming to keep the economy and military investments growing as the u.s. continues to build its presence in the region the top stories this hour. with a look back at the week's leading stories and the latest developments this is the weekly on a hunger strike at guantanamo bay is continuing to forty days with more than one hundred detainees reportedly starving themselves in protest of the desecration of the qur'an by prison guards...
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up next and stacey will be taking a look at the much feared currency wars could mean for the world economy stay with us here for the kaiser. prize or welcome to the kaiser report you know the problem with china starting a currency war is that a happy hour later you want to start another one this year ever ok and so what's going on there next try is there yes that's a train down there coming into penn station but you know there are consequences the biggest story that we've been covering here on the kaiser report for the past three or four years and china has been very vocal speaking out against the currency war why china fears currency wars on friday commerce minister chen deming was the latest to raise concerns about competitive currency depreciation and the effects of excessive money printing by central banks the head of china sovereign wealth fund was less diplomatic reportedly warning japan against treating your neighbors as your garbage bin. and starting a currency war right what i thought according to christine lagarde everybody was on the same page with this global currency war that
up next and stacey will be taking a look at the much feared currency wars could mean for the world economy stay with us here for the kaiser. prize or welcome to the kaiser report you know the problem with china starting a currency war is that a happy hour later you want to start another one this year ever ok and so what's going on there next try is there yes that's a train down there coming into penn station but you know there are consequences the biggest story that we've been covering here on...
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so season payne has inherited a wall second largest national economy and will try to keep the engine powerhouse growing and with some forecasts are promising a report from pricewaterhouse coopers predicts that china will catch up with the u.s. by two thousand to seventeen for surging ahead the new leadership has also promised to invest heavily in building up the country's defense capabilities and this comes amid america's growing military expansion in asia pacific u.s. efforts to gain a stronger foothold there and the struggle for regional influence has been causing concern in beijing just days ago the pentagon announced a decision to put fourteen more missile interceptors along america's west coast and deploy a radar tracking station in japan and they say it's in response to north korea north korean nuclear. threat and david of course that from the china europe international business course as the chinese economy will continue to expand shifting the global balance of power i think we are going through a very. involved and the changes in our world in the cheney's runny souls being mo
so season payne has inherited a wall second largest national economy and will try to keep the engine powerhouse growing and with some forecasts are promising a report from pricewaterhouse coopers predicts that china will catch up with the u.s. by two thousand to seventeen for surging ahead the new leadership has also promised to invest heavily in building up the country's defense capabilities and this comes amid america's growing military expansion in asia pacific u.s. efforts to gain a...
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have been holding over the history so she's in pain has inherited the world's second largest national economy and will try to keep the asian powerhouse growing and the recent forecasts look very promising a report from pricewaterhouse coopers predicts that china will catch up with the us by twenty seventeen before surging ahead the new leadership has also promised to invest heavily in building up the country's defense capabilities and this comes amid america's growing military expansion in asia pacific u.s. efforts to gain a stronger foothold there the struggle for regional influence has been causing concern in beijing and just days ago the pentagon announced a decision to put fourteen more missile interceptors along america's west coast and deployed and deployed a reader tracking station in japan so they say it's in response to a north korean nuclear threat but professor of china at hong kong university says america's budget constraints will make it harder for washington to keep growing militarily. given the fact that china aims to become a major power. you know position to be fair territory
have been holding over the history so she's in pain has inherited the world's second largest national economy and will try to keep the asian powerhouse growing and the recent forecasts look very promising a report from pricewaterhouse coopers predicts that china will catch up with the us by twenty seventeen before surging ahead the new leadership has also promised to invest heavily in building up the country's defense capabilities and this comes amid america's growing military expansion in asia...
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find out what's really happening to the global economy for a no holds barred look at the global financial headline news. to report on our. here's a retired four star general of the u.s. air force and also served as director of america's national security agency and central intelligence agency joining our team now for an exclusive one on one interview is general michael hayden thank you very much for taking the time to speak with me today thank you i'd like to begin our discussion with major news event that took place last week that event being the death of venezuelan president hugo chavez mr chavez was known for his hard line stance towards the u.s. he even accused the cia once of plotting to kill him will relations with venezuela be troubled if vice president nicolas maduro secedes chavez as president you know one fears that they might but one also hopes that they might not i think president chavez a very strong populist clearly very popular and some said next we're going to run into society he took an awful lot of the support off a lot of his identity simply by being by appearing to be
find out what's really happening to the global economy for a no holds barred look at the global financial headline news. to report on our. here's a retired four star general of the u.s. air force and also served as director of america's national security agency and central intelligence agency joining our team now for an exclusive one on one interview is general michael hayden thank you very much for taking the time to speak with me today thank you i'd like to begin our discussion with major...